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20121227
20121227
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FBC 10
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English 10
Search Results 0 to 9 of about 10 (some duplicates have been removed)
FOX Business
Dec 26, 2012 7:00pm EST
suppression. our next guest defense the tough voter id law say it is a paramount important that we protect the integrity of the process and make sure voter irregularities and voter fraud is eliminating. joining us now, attorney general of south carolina, great to have you with us.at first, your reaction to what the first lady had to say. >> i obviously disagree with the first lady.with in every state i looked at, georgia, indiana are two states, section five, one is not a section five states.is when they have had laws with a federal id for the voter registration card actually minority that is a went up in subsequent elections and participation.s. lou: when you talk about the five states, those are states because of civil rights transgressions 60 years ago, 50 years ago, they still remain under the watchful eye of the justice department for a revision in their electoral laws or procedures, right?pro >> absolutely. states have asked the federal government permission before they can implement a law thathe affects elections, but in a state passing a law, that she, went up in a state of georgia
FOX Business
Dec 27, 2012 12:00am EST
federal law because the federal law i think prohibits gambling on sports in several states other than nevada and three others which were grandfathered in. very simplest form the new jersey case seems as well if you allowed it in four states, why not just allow it everywhere? >> i think that is exactly right. that's the argument. why should the federal government ban something in new jersey that's allowed in nevada. adam: right. >> it is illogical. adam: along comes the nfl, the nba, different sports leagues and they say no, no, no. you can't allow betting on our games in it was the nba in new jersey. that will give perception the games are fixed and we're not up and up kinds of people, right? and the judge agreed? >> i think the judge came to the conclusion somehow it would harm the leagues. i don't think anyone thinks it is necessarily means it is fixed. what everyone wants, everyone bets illegally other than in navy. adam: not here. people to do this all the time. >> estimate 300 to $500 million is bet illegally in the u.s. if you took 5% of that, that means there are $150 million g
FOX Business
Dec 27, 2012 6:00pm EST
are some of our favorites. let's start with illinois. starting in 2013 and new law gives motorcyclists be okay to run red lights. leave it or not. after complaints from cyclist who say light sensors don't see the cycles. and the okay for computer-driven cars on public roads but they say it is okay as long as a human is in the passenger seat. also in the golden state, hunters are now banned from chasing bobcats. in the population is out of control, a new law will now impose harsher penalties on those who release hawks into the wild. and finally, my personal favorite from new york city, they do three things all the time. and now ban the sale of large sodas and sugary drinks at restaurants. to curb obesity. like that is going to help. more than 200 of these laws will now be on the books come january 1. call me crazy or what. for more on what will look like in the new year, joined by university of maryland economics professor peter morrissey. great to see you again, has been a while, glad to have you back on. we talked about this before but what happens if we go over the cliff, the recessi
FOX Business
Dec 26, 2012 8:00pm EST
the road, is that the only way we get our fiscal house back in order? >> we're back down to the law, this is only a fe if you shouldy for massive government is unfair to those few. there is no guarantee wealthy people will keep their money in thison country so if we're going to have a bloated government, everybody should feel the pinch. that is the half that will find out exactly what government costs if we go over this cliff. eric: it seems that is where we are headed.k about a half a minute or so. no, >> how can he fix the fiscal cliff. saying i'll even give up texas. eric: fair and balanced: the mimetic horsemen joining me now. you are very icy on the way in u here. said you and i are going to get together on the house of the floor and come up with a deal. no fiscal cliff. >> we have to work it out. we are hopeful we can get that done.sa eric: speaker john boehner came up with $800 billion, saying it is all mine. that doesn't seem like a fair negotiation. w >> the problem is that the speaker has indicated before weo broke that he had votes, his plan be. the speaker said i have t
FOX Business
Dec 26, 2012 9:00pm EST
,000 permit fee of $8000 in medical expenses. welcome to the new law will not allow you to deduct $20 that you previously were allowed to deduct. if you're in the 25% tax bracket, it will cost you $500,000. gerri: that kind of deduction is used by people who are in deep financial debt with medical expenses. these are people who really need help. somehow ey are going to have ss hell. let's talk about this or tax on investment income. using the same issue applies there. it's not just the althy people who will get you with us. what do you mean? >> well, if you have an ira or 401k if you take your money out, which you have to do at a certain age, there is an additional 3.8% is going to be tacked on to your taxes. in other words, if you have $10,000 that you want to install, $380 go to pay for health care. you don't have to be rich to $10,000 in the ira. nobody talks about that. it also goes from the transaction he might have in the bank or anything you want gerri: something that people don't realize that it's happening, people love flexible spending accounts. it allows you to set aside p
FOX Business
Dec 26, 2012 11:00pm EST
is that if -- you know, we're right back down to the law. all plunder and none plder but to insisthat only a few should pay is unfair. there's no guarantee wealthy people will keep money in this country. if we have a bloated government, everyone should feel the pitch. half of the country reelected barack obama and that's the half that will find out how much government costs. >> it seems that's where we're headed. can president obama come pack -- back and fix this fiscal cliff? >> no,e's decided he's not going to cut anything, anywhere. it's not a discussion. john boehner put the ball back in his court saying i'll ease up on taxes and he's not willing to cut significant spending. >> thank you very much. >>> fair and balanced. democratic congressman gregory meeks joins me live in the studio. you were feisty on the way in saying you and are going to to getting together on the house floor and sign a deal. no fiscal cliff. >> we have to work it out. it's bad for the country if we don't. i've talked to a number of friends from bothides of the aisle and we are hopeful it gets worked out. >> how can you
FOX Business
Dec 27, 2012 5:00pm EST
spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest problem is the uncertainty with all this. we're at december 27th. we're talking about changing the rules of the game. i think from an economist's standpoint, from an investor's standpoint rules, whether they're tax rates or spending rates, those are the signposts for the entrepeneurs. that is how entrepreneurs set the agenda for growth and economic activity. if you're adjusting those signposts, adam, at the last second, that is bad for growth. sort of like if you're on the super high wand a keep changing exit signs. you can't stop. adam: steve hayes, i will get to you in a second. jeffrey i want to follow up with what you just said. are you saying small business is entrepreneurs, all kinds of people already planned t
FOX Business
Dec 27, 2012 9:20am EST
to stay. the new law will have a major impact on your life. find out what some companies are doing because of obamacare is bare. . there . . stuart: reports on the economy came out this morning, freddie mac's 30 year mortgage rate unbelievable, down 3.35%. new home sales, sales of new homes up 4.4% in november compared to the total and very interesting number, consumer confidence. the reading was 65 for december, lowest since august. people worried about the fiscal cliff, a low confidence number. weaker jobless claims down 350,000. the stock market is down this morning, down because senator harry reid essentially said looks like we are going over the fiscal cliff, he said that moments ago on the senate floor and blamed republicans. very much a political fight going on. the dow is down. some companies giving employees money taking care of their own health care. that is obamacare after the break. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live
FOX Business
Dec 27, 2012 11:00am EST
number is probably 70%. >> in terms of how many new laws -- liz: that's right. >> there were 3000 regulations. liz: thank you. good to be with you, sir. really appreciated. forget the fiscal cliff. more an action from d.c. could leave another glass half empty. sandra smith with us with today's trade. sandra: people's grocery bills may go up. you are talking about that exclusion of a farm bill that may not be part of the fiscal cliff negotiations even if we do get a deal that by the end of the year. tom vill sack has been trying to get everyone into a room to hammer out a five-year deal. he has already conceded that it is unlikely that we will see that done and those farm subsidies could come out of the market. analysts are saying that prices could go up to the six to eight dollars a gallon range. milk just one of the many grocery items that could go up in prices. this is one aspect that maybe you have not thought about when it comes to your wallet. sterling smith over at citigroup says we could see less milk consumption. a lot of those dairy farmers could go out of business. liz:
Search Results 0 to 9 of about 10 (some duplicates have been removed)